call me back

Reinsurance Technician

Job Specification

Apply for this job






    We value and respect your privacy. By clicking 'Send' you accept the terms of our Privacy Policy.

    Insurance
    London, Hybrid home working

    Overview

    Pavilion are proud to work with one of the London Market leading legacy insurance businesses. They have built a reputation as the best in class run off specialists and through their continued growth are looking for a Reinsurance Technician to join their collaborative Reinsurance Team.

    The ideal candidate will hold an understanding of the operation of international insurance markets with particular regard to run-off and reinsurance. They will also be able to demonstrate knowledge of calculations of reinsurance recoveries and it’s desired that they hold a minimum of 2 years’ experience.

    This is a great opportunity to join a reputable business with amazing career development and progression opportunities.

    Role & Responsibilities:

    • Collection of reinsurance asset through accurate calculation and issuance of recoveries, commutations and liquidation management techniques
    • Implement procedures for accurately calculating the reinsurance asset and issuance of reinsurance recoveries
    • Calculation of reinsurance recoveries as required
    • Assess the viability of releasing individual reinsurance recoveries
    • Preparation of reinsurance billings and loss advices as required
    • Record and answer technical queries raised by reinsurers and/or brokers
    • Assist with credit control to ensure timely collection of outstanding balances
    • Assist with and handle commutations as required
    • Complete and report on projects as allocated
    • Ensure effective and timely reporting as required
    Salary £40,000 - £50,000

    + Competitive Bonus and Benefits

    Speak to one of our consultants 0203 764 2350



      This will close in 30 seconds